Hi Bluespruce.

On your comment.....

Just does not make any sense that cliffs would want clarence stream ,sungold, quest shares, windfall etc or any of the nickel we may find. IMHO

.......

I agree with you, but you must remember that CLIFFS is only interested in the Chrome, and anything is possible in making a deal with Freewest or any other plays in that area.

Here is an example when they bought into KWG Resources.

KWG indicated that Cliffs has expressed interest in KWG's potential claims to ferro chrome deposits and that the Option Agreement provides that Cliffs will not participate in any distribution by KWG of the equity of Debuts Diamonds Inc.

If you recall, Kwg Resources formed a company called "Canada Chrome Corp" to mine the chrome. This can be split off of Kwg and kwg can still go about to explore with a 1% net smelter royalty in the Black Thor, Black Label and Big Daddy chrome discoveries.

So you see anything is possible........RL

I have a couple of questions...If you are a short seller would you receive any distribution or would you be forced to buy the shorted shares at market any time prior to the announced date to be a shareholder of record? With the recent hiring of the firms to do the work of investor resources would you anticipate these spinoffs? Do you think it is wise to do spin off's with Cliffs not participating with thier shares and all of the outstanding shares?